GLP vs. NDIV
GLP (Global Partners LP) is a stock, while NDIV (Amplify Natural Resources Dividend Income ETF) is Energy Equities fund tracking the EQM Natural Resources Dividend Income Index. Over the past 3 years, GLP returned 23.58%/yr vs 17.25%/yr for NDIV. At a 0.39 correlation, their price movements are largely independent.
Performance
GLP vs. NDIV - Performance Comparison
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Returns By Period
In the year-to-date period, GLP achieves a 13.70% return, which is significantly lower than NDIV's 27.13% return.
GLP
- 1D
- 6.94%
- 1M
- -7.13%
- YTD
- 13.70%
- 6M
- 10.28%
- 1Y
- -9.75%
- 3Y*
- 23.58%
- 5Y*
- 20.77%
- 10Y*
- 24.72%
NDIV
- 1D
- 0.46%
- 1M
- -6.94%
- YTD
- 27.13%
- 6M
- 28.26%
- 1Y
- 25.70%
- 3Y*
- 17.25%
- 5Y*
- —
- 10Y*
- —
GLP vs. NDIV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
GLP Global Partners LP | 13.70% | -4.39% | 17.27% | 35.29% | 29.04% |
NDIV Amplify Natural Resources Dividend Income ETF | 27.13% | 2.85% | 6.18% | 15.52% | 1.50% |
Correlation
The correlation between GLP and NDIV is 0.37, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.37 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.37 |
Correlation (All Time) Calculated using the full available price history since Aug 24, 2022 | 0.39 |
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Return for Risk
GLP vs. NDIV — Risk / Return Rank
GLP
NDIV
GLP vs. NDIV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Global Partners LP (GLP) and Amplify Natural Resources Dividend Income ETF (NDIV). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| GLP | NDIV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.63 | ||
| Sortino ratioReturn per unit of downside risk | -2.09 | ||
| Omega ratioGain probability vs. loss probability | 0.97 | 1.22 | -0.26 |
| Calmar ratioReturn relative to maximum drawdown | -0.41 | 2.41 | -2.81 |
| Martin ratioReturn relative to average drawdown | -0.88 | 5.45 | -6.33 |
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Drawdowns
GLP vs. NDIV - Drawdown Comparison
The maximum GLP drawdown since its inception was -81.18%, which is greater than NDIV's maximum drawdown of -19.73%. Use the drawdown chart below to compare losses from any high point for GLP and NDIV.
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Drawdown Indicators
| GLP | NDIV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -81.18% | -19.73% | -61.45% |
Max Drawdown (1Y)Largest decline over 1 year | -24.12% | -10.73% | -13.39% |
Max Drawdown (3Y)Largest decline over 3 years | -30.60% | -19.73% | -10.87% |
Max Drawdown (5Y)Largest decline over 5 years | -31.80% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -62.57% | — | — |
Current DrawdownCurrent decline from peak | -16.56% | -8.07% | -8.49% |
Average DrawdownAverage peak-to-trough decline | -24.15% | -4.23% | -19.92% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.89% | 4.73% | +7.16% |
Volatility
GLP vs. NDIV - Volatility Comparison
Global Partners LP (GLP) has a higher volatility of 12.94% compared to Amplify Natural Resources Dividend Income ETF (NDIV) at 5.97%. This indicates that GLP's price experiences larger fluctuations and is considered to be riskier than NDIV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GLP | NDIV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.94% | 5.97% | +6.97% |
Volatility (6M)Calculated over the trailing 6-month period | 22.70% | 13.53% | +9.17% |
Volatility (1Y)Calculated over the trailing 1-year period | 28.91% | 20.18% | +8.73% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 36.07% | 20.94% | +15.13% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 38.11% | 20.94% | +17.17% |
Dividends
GLP vs. NDIV - Dividend Comparison
GLP's dividend yield for the trailing twelve months is around 6.58%, less than NDIV's 6.81% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GLP Global Partners LP | 6.58% | 7.14% | 6.14% | 8.48% | 6.93% | 12.28% | 11.30% | 10.14% | 11.50% | 11.08% | 9.51% | 15.57% |
NDIV Amplify Natural Resources Dividend Income ETF | 6.81% | 5.64% | 5.88% | 7.37% | 1.69% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
GLP and NDIV have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GLP has higher volatility (12.94%) compared to NDIV (5.97%). In terms of maximum drawdown, GLP dropped -81.18% vs NDIV's -19.73%.
NDIV currently has the higher Sharpe Ratio (1.29 vs -0.34), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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